As a young entrepreneur seeking to build a business, the primary consideration will be identifying viable investment opportunities effectively.
Also, you can start your business from scratch or buy a franchise. The latter tends to be an increasingly popular option amongst young entrepreneurs.
The reasons are simple: Because they’re only starting, young entrepreneurs prefer tested and proven opportunities.
If you’re looking for such opportunities, this article provides ready answers by identifying some of the best franchise opportunities for young entrepreneurs to buy.
Before you Choose a Franchise
As a young entrepreneur seeking the best possible investment options, it’s essential to consider certain things, like finding what you enjoy.
Do you have a preference for a particular niche? Also, it’s necessary to look out for current successful franchise opportunities.
What more? You’ll do well to find a niche that solves a problem. That’s the objective of all businesses. Does a franchisor offer protected territories?
You might also want to look out for places with long-term potential.
Best Franchise Opportunities That Young Entrepreneurs Can Own
As a young entrepreneur, you’ll find the investment options here helpful.
We’ve identified some of the best franchise opportunities: Outdoor Connection, groOrganic, Weed Man, Freshii, Snap Fitness, Computer Troubleshooters, DoodyCalls, and College Hunks Hauling Junk.
More franchise opportunities for young entrepreneurs include Sonic, Kumon Math & Reading Centers, Snap-On Tools, and Pillar to Post Home Inspectors.
More options include Fast Signs, Keller Williams, Revive Energy Vending, and Fast-Teks On-Site Computer Services.
You can also go for opportunities like CTi Concrete Technology, Rainbow International Restoration & Cleaning, Acti-Kare, etc.
This company specializes in organic gardening and invites interested investors to join its franchise program for an investment of $16,400 to $49,950 and a franchise fee of $12,500.
This opportunity allows young entrepreneurs to join a growing brand while building their operations.
ii. Snap Fitness
The ideal candidate for a Snap Fitness franchise should have an entrepreneurial spirit, people-person, self-motivation, and passion for changing lives.
Also, you should be motivated by results and have previous business experience.
iii. Computer Troubleshooters
Computer Troubleshooters provides technology consulting and services to small businesses. It’s a business that launched its operation and began franchising in 1997.
Interested candidates seeking to explore this opportunity will need an investment of $30k to $45k. Training and support services are also provided.
This pet waste removal business seeks investment partnerships with qualified candidates.
To have a whole idea about its franchise program, fill out the form provided on its page to receive a call from its franchise development team.
With investments of $108,700 to $273,200, you can join the College Hunks Hauling Junk franchise.
It also offers you multiple financing options like home equity loans, SBA loans, and the choice to tap retirement funds without penalty.
As its franchisee, you get training, business support, marketing support, and employee advancement.
This is a significant restaurant brand that seeks to expand its operations by opening up more franchise outlets beyond the number it currently has.
To invest, you’ll need around $717k to $3.5 million. The Sonic Drive-In franchise has a renewable term of 20 years.
Do you wish to own a tutoring business? You have a chance to partner with Kumon Math & Reading Centers.
Here, franchisees enjoy a whopping $36,400 in incentives and robust support and use of the franchisor’s proven business model. Is this opportunity right for you?
Find out by requesting info.
viii. Snap-On Tools
Snap-On Tools is a mobile tool store whose franchise program you can join with a low initial license fee, low monthly fee, zero ad fees, and zero initial training fees.
With a total investment of $175,146 to $411,941, young entrepreneurs can leverage opportunities presented to open their units.
Pillar to Post Home Inspectors looks for ideal candidates that fit its franchisee profile.
It prefers veterans, skilled tradesmen, business leaders, young entrepreneurs, family-owned, and real estate professionals. It has a simple application process you can follow to join the program.
x. Fast Signs
Fast Signs is a solutions provider for quality visual marketing materials. Suppose this sounds like what you want to do.
In that case, you could join its franchise program to enjoy benefits like building a life of satisfaction, contributing to its business community, and exercising your innovative mind through solving marketing challenges.
xi. Keller Williams
Are you interested in real estate? Keller Williams offers you the opportunity to join its ranks as a franchisee. You’ll need an investment of $182k to $336k to apply.
The Keller Williams franchise offering is for a renewable term of 5 years. Its support covers key operational areas like training and marketing.
xii. Revive Energy Vending
By joining Revive Energy Vending franchise program, you get access to a whole range of tools, resources, and support to help you succeed.
These include POP retail displays, personal coaches, business cards, national brand advertising, marketing materials, vending machines, etc.
At Fast-Teks, franchisees are offered a home-based, low-overhead business with multiple revenue sources.
These include data disaster recovery, managed services, cloud computing, technology consulting, remote help desk, IT assessment & planning services, and a range of other IT solutions.
xiv. CTi Concrete Technology
If you’re drawn to the construction industry, CTi Concrete Technology allows you to become a player by being its franchisee.
With total investments of $19,500 to $50,000, you can join its ranks. Initial and ongoing support and training are offered to help you succeed.
xv. Rainbow International Restoration & Cleaning
This restoration and cleaning franchise was founded in 1981.
With over 320 franchise units growing, Rainbow International Restoration & Cleaning offers you the opportunity to join its growing operations and networking of franchisees.
You’ll need a total investment of $150k to $200k to join.
Acti-Kare is a popular in-home and senior care franchise that offers young entrepreneurs the chance to join its franchise program.
Apart from the chance to join a 20-billion-dollar industry, Acti-Kare provides round-the-clock support and a fast-growing business.
Start researching these franchise opportunities today. These are ideal for young investors seeking viable opportunities to grow their investments.